Sale pursuant to public auction can't be set aside unless fraud: SC

The Supreme Court said that a sale pursuant to the public auction cannot be set aside unless there is concrete material that there was any fraud or collusion

The Supreme Court Friday said that a sale pursuant to the public auction cannot be set aside unless there is concrete material that there was any fraud or collusion.

A bench comprising Justices M R Shah and B V Nagarathna made the observation while setting aside an order of the Andhra Pradesh High Court.

“The sale pursuant to the public auction can be set aside in an eventuality where it is found on the basis of material on record that the property had been sold away at a throwaway price and/or on a wholly inadequate consideration because of the fraud and/or collusion